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JV for very profitable affiliate program

Discussion in 'Joint Ventures' started by tyler8541, Nov 15, 2008.

  1. tyler8541

    tyler8541 Regular Member

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    I'm representing the most successful loan modification company in the country and have talked the CEO into possibly exclusively developing an affiliate program for them.

    So far I have talked them into $200 per successful loan mod per affiliate signed up. There will be an estimated 2 million more foreclosures next year and 80% of these people want to keep their house. The company has a 95% success rate and the affiliates I would be attracting would consist mostly of starving real estate professionals which are everywhere. Anyone can do it though. All they are doing are getting a prospect to fill out a questionaire and submitting it back to the company for pre approval.

    My problem is that I have only been in IM for about 6 months and am still learning so I don't have much for lists or other ways of attracting affiliates rapidly. The CEO wants to talk to me ASAP about this if I can find someone solid enough that I can trust to do this with.

    The kicker is that these guys are not very savvy with IM and so the first to come along that sounds halfway savvy will get the exculive right to running their affiliate program. Right now they are processing 500 loans per month but want to get to the 5000 per month mark.

    This will also lead directly into another real estate related affiliate program that we could cross promote with this one as well.

    I figure conservitively that it is very possible to get 2000 affiliates signed up with 1% successful loan mods per monthx$200= $40,000. 20k a piece residual. This would just be the beginning as I have already discussed other ideas they are interested in as well. I could write a short e-book that affilates could read to train them and sell that for $9.95 or something to go along with it. This stuff is super easy guys, I just have to find away to mass promote it fast.

    We could also sell leads to the affilates as well. The going rate is $40 per lead. If we cherry pick the deals and submit our own questionaires and a loan mod is successfully processed we can also make $1000-$2000+ per file!

    If interested please reply to this post and what you could bring to the table experience wise.

    The main reason I am seeking out an experienced partner on this is because I just had to go back to a corporate job and don't have as much time to work on IM as I used to.
     
  2. thedorf

    thedorf Senior Member

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    I work with a real estate industry company that is currently running a WH spam compliant email campaign promoting industry offers for real estate agents nationwide. The company is 2+ years old and completely legit. In addition we have proven affiliate program capabilities built into our system. We are interested in opening a dialog with you to discuss more. PM me for more info...
     
  3. stenva

    stenva Registered Member Premium Member

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    Hi,
    I have call center in India and I own about 100 seats now so if it is possible through call center please write me in details.

    Thanks
     
  4. tyler8541

    tyler8541 Regular Member

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    I'm not sure if you fully understand what I'm proposing. The company I represent pays $1200 to $2400 for a successful mod. All that is required of the affiliate is to have the client fill out a questionairre that the affiliate submits. Then they are given a pre approval and tentative loan workout plan. If the client decides to move forward the loan mod company does the work from there. The affiliate is paid half on the front and half on the back.

    What I am proposing to do for them is get affiliates signed up with them and being paid $200 per loan mod they push through to the company. This company now is doing about 500 per month and are looking to grow to 2000+ successful mods per month. This company has a 95% success rate and also offers a full money back guarantee if for any reason we are unable to work the loan out to their request. Not too many doing that.